Question
As per the Companies Act the Tribunal may at any time
after passing of a winding up order, pass an order requiring any contributory for the time being on the list of contributories to pay___________________Solution
Section 295. Payment of debts by contributory and extent of set-off: m(1) The Tribunal may, at any time after passing of a winding up order, pass an order requiring any contributory for the time being on the list of contributories to pay, in the manner directed by the order, any money due to the company , from him or from the estate of the person whom he represents, exclusive of any money payable by him or the estate by virtue of any call in pursuance of this Act.
Which of the following represents the correct chronological order of the development of international trade theories?
As per the new Monetary Aggregates based on the recommendation of the Dr. Y.V. Reddy Committee, the domestic sectors are divided into which of the fol...
A budget that has both capital receipts and capital expenditure is called:
The maximum rate of income tax which...
Suppose the regression specification y(hat) = a + βx + l z + ε was estimated as y = 5 + 6x + 7z. We have a new observation for which x = 5 and z = ...
The index of import prices stands at 150 and that of exports is 180. What is the terms of trade
Which of the following is correct?
Walraw’s Law states the following:
According to the kinked demand curve model, if a firm raises its price, competitors are likely to:
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one b...
